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Overview / Commentary
818-846-1710
1800 W. Magnolia Blvd
Burbank, CA 91506

Burbank City Credit Union is headquartered in Burbank and is the 100th largest credit union in the state of California. It is also the 782nd largest credit union in the nation. It was established in 1940 and as of December of 2013, it had grown to 52 employees and 15,194 members. Burbank City Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee of the City of Burbank or several other organizations. - See Details

Reviews (1)

Bad Experience

Horrible communication skills and lack empathy and understanding for their customers who have been with them for a decade and beyond... Will never use this bank again.  Beware and do not waste your time.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Burbank City Credit Union had $2.2 million in non-current loans and owned real-estate with $23.72 million in equity and loan loss allowances on hand to cover it. This gives Burbank City Credit Union a Texas Ratio of 9.27% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Burbank City Credit Union decreased slightly from 12.86% as of December 31, 2012 to 9.27% as of December 31, 2013, resulting in a positive change of 27.90%.This indicates that the balance sheet and financial strength for Burbank City Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Burbank City Credit Union has decreased its total deposits by -$1.37 million, resulting in -0.59% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Burbank City Credit Union has shown is average.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Burbank City Credit Union has $250.79 million in assets with $23.72 million in equity, resulting in a capitalization level of 9.46%, which is average.

Institution Statistics

Overall
NCUA #3943
Year Chartered1940
Employees52
Primary Regulator
Assets and Liabilities
Assets$250.79 million
Loans$171.48 million
Deposits$228.69 million
Equity Capital$20.91 million
Loan Loss Allowance$2.81 million
Unbacked Noncurrent Loans$2.20 million
Real Estate Owned$0
Historic Data - December 2012
Assets$250.95 million
Equity Capital$19.73 million
Loan Loss Allowance$3.08 million
Unbacked Noncurrent Loans$2.20 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.34%
Return on Assets0.62%
Return on Equity7.49%
Interest Income$8.44 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Burbank City Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Burbank City Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$10k-IRA Share Savings Account
0.25%$10k-Roth IRA Share Savings Account
0.25%$10k-Education IRA Share Savings Account
0.05%$100-Savings Account

Burbank City Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Money Market Account

Burbank City Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.00%-$10keChecking

Burbank City Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.70%$100k-48 - 60 Month Fixed Rate Share Certificate
1.40%$100k-36 - 47 Month Fixed Rate Share Certificate
1.10%$100k-24 - 35 Month Fixed Rate Share Certificate
0.80%$100k-12 - 23 Month Fixed Rate Share Certificate
0.50%$50k-30 Month Bump Share Certificate
0.45%$10k-24 Month Flexible Share Certificate
0.35%$5k-12 Month Flexible Share Certificate
0.30%$50k-18 Month Bump Share Certificate
0.25%$25k-6 - 11 Month Fixed Rate Share Certificate
0.15%$25k-2 - 5 Month Fixed Rate Share Certificate
0.15%$5k-7 Month Liquid Share Certificate
0.10%$1k-12 Month Balance Builder Share Certificate
0.10%$25-12 Month Savings Plus Share Certificate

Burbank City Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.70%$100k-48 - 60 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
1.40%$100k-36 - 47 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
1.10%$100k-24 - 35 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
0.80%$100k-12 - 23 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
0.45%$10k-24 Month Flexible IRA Share Certificate (Traditional,Roth,CESA)
0.35%$5k-12 Month Flexible IRA Share Certificate (Traditional,Roth,CESA)
0.25%$25k-6 - 11 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
0.15%$25k-2 - 5 Month Fixed Rate IRA Share Certificate (Traditional,Roth,CESA)
Locations


Burbank City Credit Union Locations
Branch Office1800 W Magnolia BlvdBurbank, CA 91506-1726